OTCPK:MBFJF - Post by User
Post by
mallermikeon Jan 10, 2007 1:51am
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Post# 11984683
Interest rates rising: good for Japans banks
Interest rates rising: good for Japans banksAt in interest rate of 0.25 their is not much margin for the banks. In normal environment bank earnings are negatively effected by increasing interst rates but since the rate is so low in Japan it will actually increase unil the interest rate is at a more normal rate.
Can anyone recommend another bank with high exposure to the Japanese market. Although I think this is a good play would rather have a bank with a higher grownth profile